Pharmaceutical Freedom Act of 2000

Pharmaceutical Freedom Act of 2000 - Title I: Amendments to Internal Revenue Code of 1986 - Amends the Internal Revenue Code to provide that, in the case of an individual who has attained social security retirement age, there shall be allowed a tax credit in an amount equal to 80 percent of the amount paid by the taxpayer (and not compensated for by insurance or otherwise) for any prescribed drug used by the individual. Title II: Amendments to Federal Food, Drug, and Cosmetic Act - Amends the Federal Food, Drug, and Cosmetic Act (FDCA) to replace drug reimportation provisions with provisions which permit a person who meets applicable legal requirements to be an importer of drugs to import certain drugs (without regard to whether the person is a manufacturer of the drug) if the person submits to the Secretary an application to import the drug and the Secretary approves the application. Prohibits the Secretary from taking any action under the FDCA with respect to the interstate sale of a prescription drug through an Internet site, if the sale was made in compliance with the FDCA and with applicable State laws and accurate information regarding compliance with the FDCA and such State laws is posted on the Internet site.